financial aid

For students and their families, it's college application season. And Sen. Elizabeth Warren was in Boston Wednesday to urge students to fill out their federal financial aid forms and talk about ways to make college more affordable. Warren also announced she would introduce legislation to assist borrowers in refinancing high interest rates on load debt.

Throughout her time in office, Warren has defended federal support for higher education. Today, 57 percent of all undergraduates receive some kind of federal aid. That’s up from 47 percent five years ago.

A White House push to increase the college-going rates of of low-income students flies in the face of real-world trends that are heading in exactly the opposite direction—including institutional and federal financial-aid and tax policy that has been shifting in favor of high-income and not low-income families.